Activists and Stanford Alumnus Tom Steyer Blast Stanford for Rejecting Divestment

Activists and Stanford Alumnus Tom Steyer Blast Stanford for Rejecting Divestment l E&E Publishing, LLC

By: Debra Kahn and Benjamin Hulac, April, 28, 2016

  • Stanford University has announced it will retain its holdings in fossil fuel companies, dismaying student activists and one of its most prolific donors. The move sparked protests on campus yesterday and an angry statement from billionaire climate activist Tom Steyer, a Stanford alumnus who serves on the school's board of trustees and donates heavily to the institution. "I strongly disagree with Stanford's decision not to divest from fossil fuels," Steyer said. "Climate change is truly the challenge of our generation, which is why I have long publicly supported divestment from fossil fuels and continue to do so."